W20. Social Enterprise and Renewable Energysewf2015.org/wp-content/uploads/2015/07/W20_Farhan.pdfW20. Social Enterprise and Renewable Energy Fiza Farhan ... fossil fuels that generate

SEWF2015 – Milan, Italy

W20. Social Enterprise and Renewable Energy

Fiza Farhan CEO Buksh Foundation Director Buksh Energy Pvt Ltd


What is Social Enterprise?The Triple Bottom Line Approach

Any for-profit or non-profit organization that uses a market-based approach to find demand driven solutions that further social and/or environmental goals

Any for-profit or non-profit organization that uses a market-based approach to find demand driven solutions that further social and/or environmental goals

Social Enterprises include:• Microfinance Institutions• Renewable Energy

companies • Micro-enterprises • Charity organizations• Recycling companies • Human Development

Institutions• Healthcare companies

Social Enterprises include:• Microfinance Institutions• Renewable Energy

companies • Micro-enterprises • Charity organizations• Recycling companies • Human Development

Institutions• Healthcare companies

Social Enterprises aim to: • Create Impact Investments

that solve environmental/social challenges in innovative ways

• Ensure generation of financial returns and reduce dependency on external financing

Social Enterprises aim to: • Create Impact Investments

that solve environmental/social challenges in innovative ways

• Ensure generation of financial returns and reduce dependency on external financing


Renewable Energy Social Enterprise (RESE)

1.3 billion people worldwide living without access to electricity.

In developing countries some 2.5 billion people are forced to rely on traditional biomass, biomass-fuelwood, charcoal, and animal dung for energy.

80% of the increase in greenhouse gases is from CO2 emissions. In 2013 alone the levels increased by 2.9ppm – the largest annual increase seen from 1984 to 2013.

Renewable Energy sources are increasingly important as they: Ensure energy security Reduce dependency on fossil fuels Reduce carbon dioxide emissions

RESE adopt a true triple bottom line approach that is environmentally, socially, and economically sustainable.


Need for Renewable Energy

ELECTRICITY SHORTAGE IN PAKISTAN

Pakistan is facing acute energy shortages; demand and supply gap has increased to almost 7000 MW

Growth in population is exceeding 180 million.

63% individuals live in rural areas in 50,000 villages completely detached from the national electricity grid.

Government cannot provide national grid to remote areas.

Pakistan is forced to spend heavily on imported fossil fuels that generate 60.89% of the energy consumption in the country.

This depicts electricity load shedding province wise. 41% of the respondents face 8 to 12 hours of load-shedding at

home per day while 42% of employed professional face 4 to 8 hours of load-shedding at workplace every day.

KPK more than 12 hours

Punjab – 4-8 hours blackout

Sindh 8-12 hours


Alternate Energy: Solar

Profits$$$

Long-term stability over risk

Compassion

Greater ImpactNeed to

work

Commercial over social

Risk Embracers

Authoritative

Solar energy is the best alternate and the only solution for the current energy crisis in Pakistan:

The solar energy intensity in the Sun Belt is approximately 1,800-2,200 KWh per square meter (95% of total area) with an annual sunshine duration of 8 to 8.5 hours approximately more than 2300–2700 hours per annum

CAN BE MADE ACCESSIBLE TO REMOTE AREAS

SELF- RELIANT AND EFFICIENT

SUSTAINABLE & LONG TERM

ECOLOGICALLY FRIENDLY

TURNKEY MODELS-EASILY SCALABLE

STEP TOWARDS SOCIO-ECONOMIC DEVELOPMENT


Buksh Energy Private Limited

POWER PLANTS (EPC)/ROOFTOP SOLAR PROJECTS Consultancy services – Solar PV Plant projects Customized captive power solutions Commercial/Industrial/Residential rooftop

projects

SOLAR ENERGY CONSERVATIVE SOLUTIONS Financial institutions Industrial audits SMEs/Residential Solar Rooftop Solutions

TURNKEY PROJECT DEVELOPMENT Solar Power Plant Bioenergy projects Wind turbines Waste to Energy projects

BUILDING MANAGEMENT SYSTEM Energy Management System Energy Efficient transformers Smart metering

MICRO ENERGY SOLUTIONS Solar LED lighting solutions Customizable solar portable kits Solar tube wells Solar water filtration plants

RURAL PROJECTS FOR ACCESS TO ENERGY Solar electrification of off-grid villages Biogas/Solar smart mini grids Clean Energy Lending

Renewable Energy Social Enterprise in Private Sector


Buksh Energy Footprints

Research & Development Identification of a Market Opportunity for Entering

Renewable Energy Space Launched Buksh Energy PVT. LTD with ADB &

USAID’s strategic support2008-2009

Seed Investment in R&D Established Global linkages, EU & World Bank Development of Turnkey Demand Driven Energy Business Models in Macro /

Meso & Micro sectors Development of the Local Eco-System with Government Linkages, Development

Bodies & FIs

2010-2011

Energy Audits First Solar Turnkey project - Bank Alfalah Rural Off Grid Electrification projects LOI achieved for 10 MW Solar IPP First Residential Solar Project launched

2012

Launched partnership with UBL & Soneri Bank MOU of 100 Solar ATMS - Bank Alfalah Industrial sector scaled up with Energy Audits Launched Solar Water Filtration Plants & Solar

Tube Wells3 Launched Solar Agri Finance Scheme

2013

Eco-System fully developed with the Government bodies & Fis New partnerships developed - Faysal Bank, JS Bank, MCB Bank Upfront Tariff Achieved for 10MW Solar IPP Partnership with Bank Alfalah - Solar Lease Financing (Green Finance)

2014

2015

Launched of additional Energy Solutions - Rural Smart Mini Grids, Bio-Energy, Waste to Energy, Wind projects

Scaled up Rural Off-Grid Electrification projects (LaML). 1MW Solar conversion of Lahore’s largest University. Partnership with Nestle for solar conversion milk chillers. 300MW solar IPP project in pipeline.


Existing Renewable Partners/Clients


‘Empower the underprivileged, to make them productive and to create equity in the society; to achieve scale sustainably, to be innovative in our approach and to create measurable impact on the global economy as a whole.’

MISSION

Buksh Foundation believes in taking responsibility to improve all aspects of the world in which we operate- social, environment, economic by providing demand-driven solutions. Our aim is to work to create a better future every day.

VISION

Buksh Foundation Renewable Energy Social Enterprise in the Development Sector



Buksh Foundation Footprints Inception of Buksh Foundation as not for Profit MFI

Partnership with Pakistan Poverty Alleviation Authority with initiation of MFI

Dispersed Productive loans with most innovative psychometric model

2008-2009

Partnership with Deutsche Bank NY

Scaled up Micro entrepreneur Loan

Started Credit life insurance

Partnership with Agrow Pvt Ltd and Ravi Motors

Dispersed Transport Loan

Pioneered Clean Energy loans

2010-2011

Paradigm shift towards Impact Investment

Launched 'Lighting a Million Lives' Project- for rural off grid electrification

Scaled up to 100 + villages with Robin hood approach

2012

Pilot project of 'Drop of Sun'- solar filtration water plant for provision of clean water

Implemented Solar Mobile Charging Stations

Partnership with UBL Omni for Branchless Mobile Banking

12 districts covered by LAML 2013

Penetration into D I Khan for LAML

Partnership with Kiva for clean energy loans

Became proud member of Italian Development Committee Lahore Chapter

2014

CEO Fiza Farhan recognised by Forbes Top 30 Under 30 Social Entrepreneur.

Partnered for the Clinton Global Initiative 2015. Partnership with Swiss and Dutch Embassy to

electrify villages under LaML

2015


Existing Partners/Donors


Renewable Energy in Buksh Foundation

CLEAN ENERGY LOANS:

Buksh Foundation pioneered in Clean Energy Loans with the objective of fulfilling the energy needs of small enterprises and rural households, via solar panels, solar lights, and solar fans.

Affordable, sustainable and environmentally friendly solar solutions provided through a monthly repayment.

Now, a poor client can have his own infinite energy supply to run his enterprise by only paying a monthly installment as low as $6 per month.

Partnership with KIVA International.

Clean Energy Lending



1 village = 50 households

1 female entrepreneur

50 lanterns

5 solar panels

5 junction boxes

Lighting a Million Lives Project

WOMEN LED SOLAR CHARGING STATIONS



After holistic field research and scoping studies sites for Solar Charging Stations are selected. Establishing 50 lanterns centralized station.

Lighting a Million Lives Project


Female entrepreneurs are created through the construction of theses solar charging stations, establishing a permanent and respectable source of income- resulting in women empowerment.

Renewable Energy in Buksh FoundationLighting a Million Lives Project



Solar Water Filtration Model based on reverse osmosis, providing clean and safe drinking water in areas with low water-table

Two Models of water system, for smaller clusters of 50-100 households to larger commercial and scalable level covering 250-500 houses

Sufficient supply of water for: Cooking Drinking Cleaning Irrigation

Solar Water Filtration Model



Community is directly involved in the project therefore, gaining ownership of the project and becoming aware various water born diseases. The success of Pilot project in Sahiwal has demonstrated the scale of opportunity in Punjab.

Solar Water Filtration Model



Solar Mobile Charging Stations in junction with the LaML model will help provide mobile charging facilities in rural, un-electrified villages

The model will be able to charge 10 mobile phones with a battery back up for 24 hours communication availability

Providing direct connectivity to a population of 400 individuals, the mobile charging station costs Rs 60, 000 (USD 600)

Solar Mobile Charging Station



The implementation of solar mobile charging stations reduce travel time for villagers to other charging facilities, create economic opportunities, increase communication, and provide access to mobile banking.

Solar Mobile Charging Stations


Milestones in Renewable Energy

Green Energy Financing

7500 solar lanterns distributed

200 Clean Energy Loans for solar kits

10 MW IPP solar project and a 3MW

project in the pipeline

Nestle 130KW conversion of milk chillers

Pilot of Asian Development Bank biogas digesters

260KW of rooftop solar conversion

Clean Energy Access to 35,000 rural villagers

1MW solar conversion of Lahore’s largest University

Solar Conversion of 150 ATMs


Conclusion

Social Enterprises aim beyond revenue generation and offer a model that provides multiple benefits to the community and environment. Buksh Energy Pvt Ltd and Buksh Foundation

have adopted the triple line bottom approach to bring clean energy access and create entrepreneurs in the most underserved areas of Pakistan.


Thank you.

Fiza Farhan

CEO Buksh Foundation

Director Buksh Energy Private Ltd.

[email protected]

Documents

W20. Social Enterprise and Renewable Energysewf2015.org/wp-content/uploads/2015/07/W20_Farhan.pdfW20. Social Enterprise and Renewable Energy Fiza Farhan ... fossil fuels that generate